Failed banks
3,524 failures on FDIC record, newest first.
| Institution | Failed | Headquarters | Acquired by | Assets | Deposits | Estimated loss |
|---|---|---|---|---|---|---|
| Hobby Community BankHouston, TXFailed 1989-06-29 | 1989-06-29 | Houston, TX | Iola State Bank | $8.0M | $8.5M | $3.3M |
| New Ulm State BankNew Ulm, TXFailed 1989-06-29 | 1989-06-29 | New Ulm, TX | Industry State Bank | $12.0M | $11.8M | $3.0M |
| First Federal Savings and Loan AssociationAmericus, GAFailed 1989-06-22 | 1989-06-22 | Americus, GA | Sumter Bank & Trust | $54.4M | $49.8M | $8.8M |
| Great Southern Federal Savings BankSavannah, GAFailed 1989-06-22 | 1989-06-22 | Savannah, GA | First Wachovia | $880.2M | $629.9M | $146.5M |
| Habersham Federal Savings BankAtlanta, GAFailed 1989-06-22 | 1989-06-22 | Atlanta, GA | First Commerce Bank | $93.3M | $90.8M | $36.0M |
| Preston North National BankDallas, TXFailed 1989-06-22 | 1989-06-22 | Dallas, TX | Sequor National Bank Texas | $6.5M | $6.9M | $1.5M |
| Guardian Bank, N.A.Hempstead, NYFailed 1989-06-21 | 1989-06-21 | Hempstead, NY | $409.4M | $383.0M | $203.6M | |
| CapitalBank-Northwest, National AssociationSan Antonio, TXFailed 1989-06-15 | 1989-06-15 | San Antonio, TX | McMullen County State Bank | $16.0M | $17.2M | $3.6M |
| Helotes State BankHelotes, TXFailed 1989-06-15 | 1989-06-15 | Helotes, TX | Bank of Leon Springs | $21.3M | $21.0M | $5.0M |
| Northern Bank & TrustFort Collins, COFailed 1989-06-15 | 1989-06-15 | Fort Collins, CO | Union Colony Bank | $6.9M | $6.6M | $776K |
| Sun State Savings and Loan AssociationPhoenix, AZFailed 1989-06-14 | 1989-06-14 | Phoenix, AZ | Bank of America, AZ | $1.0B | $892.9M | $443.6M |
| Western Savings and Loan AssociationPhoenix, AZFailed 1989-06-14 | 1989-06-14 | Phoenix, AZ | Bank of America, AZ | $5.7B | $4.1B | $2.1B |
| Treasure State BankGlasgow, MTFailed 1989-06-09 | 1989-06-09 | Glasgow, MT | Valley Bank of Glasgow | $14.6M | $13.2M | $2.6M |
| Horizon Financial, FASouthampton, PAFailed 1989-06-08 | 1989-06-08 | Southampton, PA | $2.5B | $1.8B | $305.9M | |
| Civic Savings BankPortsmouth, OHFailed 1989-06-08 | 1989-06-08 | Portsmouth, OH | $98.7M | $101.3M | $12.9M | |
| First American BankSan Antonio, TXFailed 1989-06-08 | 1989-06-08 | San Antonio, TX | Jourdanton State Bank | $13.3M | $13.6M | $3.1M |
| Lake Country National BankBurnet, TXFailed 1989-06-08 | 1989-06-08 | Burnet, TX | Lake Buchanan State Bank | $7.5M | $8.4M | $1.7M |
| Fulshear State BankFulshear, TXFailed 1989-06-08 | 1989-06-08 | Fulshear, TX | $10.7M | $10.7M | $2.3M | |
| The First State BankForgan, OKFailed 1989-05-31 | 1989-05-31 | Forgan, OK | The Bank of Beaver City | $11.7M | $11.1M | $365K |
| Liberty National BankDallas, TXFailed 1989-05-25 | 1989-05-25 | Dallas, TX | Cornerstone Bank, National | $67.5M | $68.3M | $23.3M |
| Bank of AuroraAurora, COFailed 1989-05-24 | 1989-05-24 | Aurora, CO | $6.9M | $6.6M | $2.5M | |
| First Eastern Bank & Trust Company, New Orleans, LousisianaNew Orleans, LAFailed 1989-05-24 | 1989-05-24 | New Orleans, LA | Peoples Bank & Trust Compan | $29.4M | $29.2M | $7.7M |
| Commerce and Energy Bank of LafayetteLafayette, LAFailed 1989-05-24 | 1989-05-24 | Lafayette, LA | Midsouth National Bank | $29.5M | $27.1M | $6.7M |
| Grand Canyon State BankScottsdale, AZFailed 1989-05-19 | 1989-05-19 | Scottsdale, AZ | Bank of Fountain Hills | $14.6M | $13.2M | $4.4M |
| The Bank of Edmond, National AssociationEdmond, OKFailed 1989-05-18 | 1989-05-18 | Edmond, OK | First Interstate of Oklahom | $8.1M | $8.5M | $680K |
| First National Bank at OswegoOswego, KSFailed 1989-05-18 | 1989-05-18 | Oswego, KS | Parsons Commercial Bank | $24.0M | $23.3M | $1.9M |
| The First National Bank of GordonGordon, TXFailed 1989-05-18 | 1989-05-18 | Gordon, TX | The First National Bank of | $10.9M | $11.6M | $1.3M |
| Security Bank and Trust CompanyWharton, TXFailed 1989-05-18 | 1989-05-18 | Wharton, TX | The First National Bank of | $34.8M | $37.1M | $9.4M |
| Lewis County Savings and Loan CompanyWeston, WVFailed 1989-05-12 | 1989-05-12 | Weston, WV | Community Bank & Trust, Nat | $4.0M | $3.9M | $405K |
| Lexington State BankLexington, TXFailed 1989-05-11 | 1989-05-11 | Lexington, TX | Central Bank of Houston | $13.8M | $13.9M | $3.1M |
| Greater Texas Bank LeanderLeander, TXFailed 1989-05-04 | 1989-05-04 | Leander, TX | Hill Country Bank | $20.6M | $22.2M | $11.0M |
| First National Bank of East Baton RougeBaton Rouge, LAFailed 1989-05-04 | 1989-05-04 | Baton Rouge, LA | The First National Bank in | $28.3M | $30.5M | $7.6M |
| Katy National BankKaty, TXFailed 1989-05-04 | 1989-05-04 | Katy, TX | First Bank | $52.0M | $55.3M | $17.8M |
| Seabank Savings, FSBMyrtle Beach, SCFailed 1989-04-27 | 1989-04-27 | Myrtle Beach, SC | First Citizens B&TC of Sc | $35.4M | $33.6M | $5.3M |
| Metropolitan Federal Savings and Loan AssociationDenville, NJFailed 1989-04-27 | 1989-04-27 | Denville, NJ | Collective FSB | $168.2M | $174.9M | $16K |
| Southwest Savings and Loan AssociationLos Angeles, CAFailed 1989-04-27 | 1989-04-27 | Los Angeles, CA | Bank of America, NA | $896.8M | $791.8M | $74.6M |
| Westco Savings Bank, FSBWilmington, CAFailed 1989-04-27 | 1989-04-27 | Wilmington, CA | Frontier Bank, NA | $188.3M | $181.4M | $42.6M |
| Seminole National BankHollywood, FLFailed 1989-04-27 | 1989-04-27 | Hollywood, FL | Family Bank of Hallandale | $6.6M | $7.6M | $1.2M |
| Bank of Lakewood, National AssociationLakewood, COFailed 1989-04-27 | 1989-04-27 | Lakewood, CO | Bank of Lakewood | $9.7M | $8.3M | $3.4M |
| Alliance BankAnchorage, AKFailed 1989-04-21 | 1989-04-21 | Anchorage, AK | National Bank of Alaska | $779.0M | $797.2M | $75.9M |
| Continental National BankSan Antonio, TXFailed 1989-04-20 | 1989-04-20 | San Antonio, TX | Citizens State Bank of Luli | $12.2M | $12.6M | $3.4M |
| Travis Bank and TrustAustin, TXFailed 1989-04-20 | 1989-04-20 | Austin, TX | Union National Bank of Texa | $53.9M | $52.3M | $13.3M |
| First State BankDeanville, TXFailed 1989-04-20 | 1989-04-20 | Deanville, TX | Citizens State Bank | $9.4M | $9.3M | $1.3M |
| Lincoln Savings and Loan AssociationLos Angeles, CAFailed 1989-04-14 | 1989-04-14 | Los Angeles, CA | Great Western Bank, FSB | $4.9B | $4.2B | $3.1B |
| Allied Oklahoma Bank, National AssociationOklahoma City, OKFailed 1989-04-13 | 1989-04-13 | Oklahoma City, OK | Central Bank of Oklahoma Ci | $58.3M | $61.0M | $11.2M |
| The Commonwealth BankBellaire, TXFailed 1989-04-12 | 1989-04-12 | Bellaire, TX | Park National Bank of Houst | $65.8M | $57.2M | $6.9M |
| First California Savings, FSAOrange, CAFailed 1989-04-06 | 1989-04-06 | Orange, CA | First American Bank | $161.4M | $194.5M | $73.7M |
| Perpetual Savings Association A Federal Savings and Loan AssociationSanta Ana, CAFailed 1989-04-06 | 1989-04-06 | Santa Ana, CA | Bank of Industry | $18.7M | $29.0M | $12.6M |
| Unified Savings, A Federal Savings and Loan AssociationNorthridge, CAFailed 1989-04-06 | 1989-04-06 | Northridge, CA | $35.1M | $52.3M | $22.6M | |
| Park Cities Savings AssociationDallas, TXFailed 1989-04-06 | 1989-04-06 | Dallas, TX | Comerica Bank-Tx | $43.1M | $37.0M | $17.0M |
| Bedford Savings AssociationBedford, TXFailed 1989-04-06 | 1989-04-06 | Bedford, TX | First American Savings Banc | $90.8M | $102.7M | $75.5M |
| American FSBAustin, TXFailed 1989-04-06 | 1989-04-06 | Austin, TX | NCNB Texas National Bank | $33.5M | $31.7M | $14.1M |
| Fidelity FSBCorinth, MSFailed 1989-04-06 | 1989-04-06 | Corinth, MS | Southbank, A FSB | $116.4M | $135.3M | $96.6M |
| Golden Circle Savings Association, FSBCorsicana, TXFailed 1989-04-06 | 1989-04-06 | Corsicana, TX | $20.5M | $18.5M | $4.3M | |
| City Savings and Loan AssociationWestlake Village, CAFailed 1989-04-06 | 1989-04-06 | Westlake Village, CA | Olympia NB | $33.3M | $34.0M | $2.6M |
| Cabrillo Savings BankSan Jose, CAFailed 1989-04-06 | 1989-04-06 | San Jose, CA | Financial Center Bank, NA | $71.8M | $61.9M | $1.6M |
| Royal Oak Savings and Loan AssociationManteca, CAFailed 1989-04-06 | 1989-04-06 | Manteca, CA | Bank of Stockton | $34.4M | $35.5M | $3.1M |
| Washington Savings and Loan AssociationStockton, CAFailed 1989-04-06 | 1989-04-06 | Stockton, CA | Security Pacific NB, NA | $66.7M | $68.7M | $6K |
| Gateway Savings BankSan Francisco, CAFailed 1989-04-06 | 1989-04-06 | San Francisco, CA | Gateway Bank, FSB | $72.7M | $126.2M | $81.3M |
| Meridian Savings AssociationArlington, TXFailed 1989-04-06 | 1989-04-06 | Arlington, TX | NCNB Texas National Bank | $48.9M | $434.9M | $531.3M |
| Arrowhead Pacific Savings BankSan Bernardino, CAFailed 1989-04-06 | 1989-04-06 | San Bernardino, CA | $60.2M | $88.1M | $35.0M | |
| Delta Federal Savings and Loan AssociationDrew, MSFailed 1989-04-06 | 1989-04-06 | Drew, MS | Delta Bank & Trust | $10.3M | $13.8M | $8.5M |
| Central Savings and Loan AssociationJackson, MSFailed 1989-04-06 | 1989-04-06 | Jackson, MS | Bank of Forest | $52.1M | $72.9M | $41.0M |
| Independence Savings and Loan AssociationVallejo, CAFailed 1989-04-06 | 1989-04-06 | Vallejo, CA | Bay View FS&LA | $440.0M | $361.6M | $23.4M |
| Founders Savings and Loan AssociationLos Angeles, CAFailed 1989-04-06 | 1989-04-06 | Los Angeles, CA | Founders NB of Los Angeles | $134.7M | $166.5M | $77.7M |
| City Federal Savings and Loan AssociationOakland, CAFailed 1989-04-06 | 1989-04-06 | Oakland, CA | Mission NB | $20.3M | $27.9M | $11.6M |
| Republic Bank for Savings, FAJackson, MSFailed 1989-04-06 | 1989-04-06 | Jackson, MS | Southbank, A FSB | $43.4M | $85.2M | $73.6M |
| Heritagebanc Savings AssociationDuncanville, TXFailed 1989-04-06 | 1989-04-06 | Duncanville, TX | NCNB Texas National Bank | $177.7M | $146.4M | $87.1M |
| State Mutual Federal Savings and Loan AssociationJackson, MSFailed 1989-04-06 | 1989-04-06 | Jackson, MS | First Commerce SB | $8.7M | $9.8M | $4.0M |
| Excel Banc Savings AssociationLaredo, TXFailed 1989-04-06 | 1989-04-06 | Laredo, TX | $146.7M | $158.9M | $69.6M | |
| Equity FSBDenver, COFailed 1989-04-06 | 1989-04-06 | Denver, CO | $4.5M | $5.0M | $1.9M | |
| Sioux Valley Savings and Loan AssociationCherokee, IAFailed 1989-04-06 | 1989-04-06 | Cherokee, IA | $61.8M | $90.8M | $41.9M | |
| Central Texas Savings and Loan AssociationWaco, TXFailed 1989-04-06 | 1989-04-06 | Waco, TX | Kilgore FS&LA | $216.1M | $211.3M | $119.3M |
| Financial Federal Savings and Loan AssociationJoplin, MOFailed 1989-04-06 | 1989-04-06 | Joplin, MO | Farm & Home SA | $161.4M | $173.1M | $44.8M |
| 1ST Federal Savings and Loan Association of Estherville and EmmetsburgEstherville, IAFailed 1989-04-06 | 1989-04-06 | Estherville, IA | $60.6M | $58.9M | $9.7M | |
| American Federal Savings and Loan Association of ColoradoColorado Springs, COFailed 1989-04-06 | 1989-04-06 | Colorado Springs, CO | World S&LA | $720.4M | $681.0M | $443.5M |
| Cass Federal Savings and Loan Association of St LouisFlorissant, MOFailed 1989-04-06 | 1989-04-06 | Florissant, MO | First Exchange Bank | $52.4M | $65.8M | $12.6M |
| First Federal Savings and Loan Association of East AltonEast Alton, ILFailed 1989-04-06 | 1989-04-06 | East Alton, IL | Illinois State B&T | $55.6M | $55.7M | $7.2M |
| First of Kansas Building and SavingsaHays, KSFailed 1989-04-06 | 1989-04-06 | Hays, KS | First NB&T | $53.9M | $46.2M | $6.0M |
| First Federal Savings and Loan Association of Southeast MissouriCape Girardeau, MOFailed 1989-04-06 | 1989-04-06 | Cape Girardeau, MO | Cape Cty Bank of Cape Girar | $385.1M | $332.1M | $33.4M |
| Libertyville Federal Savings and Loan AssociationLibertyville, ILFailed 1989-04-06 | 1989-04-06 | Libertyville, IL | Harris Bank Libertyville | $101.0M | $95.5M | $8K |
| Centennial Savings Bank, FSBGreenville, TXFailed 1989-04-06 | 1989-04-06 | Greenville, TX | NCNB Texas National Bank | $106.0M | $82.7M | $32.2M |
| Resource Savings AssociationDenison, TXFailed 1989-04-06 | 1989-04-06 | Denison, TX | $616.1M | $426.3M | $337.5M | |
| St. Tammany National BankMandeville, LAFailed 1989-04-06 | 1989-04-06 | Mandeville, LA | Whitney National Bank in St | $47.1M | $44.7M | $5.8M |
| First National Bank of NoconaNocona, TXFailed 1989-04-06 | 1989-04-06 | Nocona, TX | The First National Bank of | $23.3M | $24.1M | $4.7M |
| Murray Savings AssociationDallas, TXFailed 1989-04-05 | 1989-04-05 | Dallas, TX | United SA of the Sw, FSB | $1.4B | $1.2B | $384.4M |
| Gibraltar SavingsBeverly Hills, CAFailed 1989-03-31 | 1989-03-31 | Beverly Hills, CA | Security Pacific NB, NA | $13.4B | $7.6B | $94.6M |
| Gibraltar Savings, FABellevue, WAFailed 1989-03-31 | 1989-03-31 | Bellevue, WA | $1.7B | $1.4B | $59K | |
| Interstate Bank of CommerceMiami, FLFailed 1989-03-31 | 1989-03-31 | Miami, FL | $6.4M | $7.0M | $1.9M | |
| Premier Bank, a National AssociationDallas, TXFailed 1989-03-31 | 1989-03-31 | Dallas, TX | Deposit Guaranty Bank | $37.1M | $35.6M | $16.4M |
| First Service Bank for SavingsLeominster, MAFailed 1989-03-31 | 1989-03-31 | Leominster, MA | Peoples Savings Bank | $880.7M | $683.4M | $288.2M |
| Great Atlantic Savings Bank FSBManteo, NCFailed 1989-03-30 | 1989-03-30 | Manteo, NC | NCNB NB of Nc | $126.8M | $123.8M | $48.3M |
| Community Federal Savings and Loan AssociationNewport News, VAFailed 1989-03-30 | 1989-03-30 | Newport News, VA | Consolidated B&TC | $9.4M | $10.0M | $1.3M |
| Heritage Federal Savings and Loan AssociationMonroe, NCFailed 1989-03-30 | 1989-03-30 | Monroe, NC | First Citizens B&TC | $311.7M | $254.1M | $49.2M |
| City Federal Savings and Loan AssociationBirmingham, ALFailed 1989-03-30 | 1989-03-30 | Birmingham, AL | First Alabama Bank | $712.0M | $648.2M | $53.3M |
| Midland-Buckeye Federal Savings and Loan AssociationAlliance, OHFailed 1989-03-30 | 1989-03-30 | Alliance, OH | Citizens Banking Co. | $218.8M | $212.3M | $24.9M |
| Durand Federal Savings and Loan AssociationDurand, WIFailed 1989-03-30 | 1989-03-30 | Durand, WI | $106.6M | $119.0M | $41.8M | |
| Broadview Savings BankCleveland, OHFailed 1989-03-30 | 1989-03-30 | Cleveland, OH | First FSB | $1.8B | $1.1B | $94.7M |
| Baldwin County Federal Savings BankRobertsdale, ALFailed 1989-03-30 | 1989-03-30 | Robertsdale, AL | First Alabama Bank | $171.5M | $156.8M | $7.3M |
| Harvard BankTulsa, OKFailed 1989-03-30 | 1989-03-30 | Tulsa, OK | Southern National Bank | $23.1M | $22.8M | $4.0M |